Are Realtors Next? $37 Million in Fines From the CFPB
On January 22, 2015, the Consumer Federal Protection Bureau (CFPB) took action against JP Morgan CHASE, Wells Fargo, Genuine Title and two former Wells Fargo employees for involvement in an illegal kickback scheme for referrals. The combined fines were over $35 million. Receiving “a thing of value” for steering title orders is illegal and the… Continue Reading